A high level SADC Infrastructure Investment Conference is scheduled to take place from 26 to 28 June, 2013 in Maputo, Mozambique as part of the marketing strategy to mobilise resources for the implementation of the Regional Infrastructure Development Master Plan Vision 2027.The Conference to be held under the theme: “Accelerating Infrastructure Investment Through Sustainable and Innovative Financing” will be attended by the SADC Troika Heads of States and Government from Angola, Malawi and Mozambique.
The conference will include a high level dialogue and roundtable to be participated by the Chairperson of the African Union Commission, the President of the African Development Bank, President Jacob Zuma of South Africa in his capacity as champion for the New Economic Partnership for Africa’s Development (NEPAD) Presidential Infrastructure Championship Initiative (PICI), representatives from the World Bank, European Union, International Cooperating Partners (ICPs), and leading Private Sectors on the first day.
The second day will be followed by an Investors’ Forum to be attended by Ministers, senior officials responsible for infrastructure-related sectors from all SADC Member States, Investors and representatives of regional and continental bodies. The SADC Heads of State and Government at their 32nd SADC Ordinary Summit held in August 2012 in Maputo, Mozambique, adopted the SADC Regional Infrastructure Development Master Plan (RIDMP), and directed Council to organise an Infrastructure Investment conference as a platform for the region to show case the projects for the different sectors based on the Short Term Action Plan (STAP) component of the Master Plan.
The RIDMP is a 15-year blueprint that will guide the implementation of cross-border infrastructure projects between 2013 and 2027. The RIDMP is being implemented over three five-year intervals – short term (2012-2017), medium term (2017-2022) and long term (2022-2027).
So far, priority infrastructure projects at a cost of about US$500 billion have been identified and the Maputo Investor Conference is part of the strategy to lure potential investors to commit resources towards implementation of the infrastructure Master Plan. The Master Plan is in line with the Programme for Infrastructure Development of Africa (PIDA), which is a continental initiative of the African Union Commission (AUC), in partnership with the United Nations Economic Commission for Africa (UNECA), African Development Bank (AfDB) and the NEPAD Planning and Coordinating Agency (NPCA).
The high level Infrastructure Investment Conference is funded by the United Kingdom’s Department for International Development (DFID) and Trade Mark Southern Africa.